Fed. Reform Means Scores Of Tax Decisions Await States

Law360, New York (December 7, 2017, 12:59 PM EST) -- A swift march toward tax reform by the U.S. Congress means state legislatures, which gavel in next month, will be faced with responding to a giant overhaul of the federal tax code.

“This is not regular tax legislation,” Darien Shanske, a tax professor at the University of California, Davis School of Law, told Law360. “It’s pretty clear that states are going to respond aggressively.

“As the federal government demonstrates, tax policy should not be done quickly,” Shanske continued. But he and others said states may have...